| Product Code: ETC042559 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia mortar market is expected to grow at a healthy CAGR during the forecast period of 2025-2031. The rising population, increased number of construction projects and developments in infrastructure are some of the key reasons driving the growth of the market in this country. Moreover, various government initiatives such as Vision 2031 have also resulted in encouraging investments for housing and urban development projects which is likely to boost demand for mortar products over the years ahead.
Saudi Arabia population has been growing steadily due to its economic development activities resulting in increasing disposable income levels among households that create higher demand for residential buildings thus fuelling further growth in cement &mortar markets . The ??Vision 2031?? program initiated by Crown Prince Mohammed bin Salman has helped increase domestic investment into numerous sectors including construction, leading to an increase in demand for mortars across all sectors like residential building as well as non-residential ones like hospitals, roads etc., thereby providing impetus to mortar.
Mortar requires sophisticated installation processes that can be expensive when it comes to commercial purposes due high labor costs involved along with other raw materials needed for installing them properly making it difficult for small scale contractors or civilians without much financial resources available at their disposal from taking advantage of these products. There exists a huge gap between skilled professionals required working on installation processes involving mortars compared with current availability creating major challenges within industry itself hampering overall potential growth rate negatively from what could be achieved otherwise if more experienced workers were present .
With regards to Covid-19??s impact on the market, it has caused some disruption due to lockdowns and restrictions imposed on production facilities as well as disruptions in supply chain channels. However, this short term disruption is expected to recover quickly once normal operations resume.
The key players operating in Saudi Arabia Mortar Market are Conmix Ltd., Dalco Trading & Contracting Co., Ardex Endura India Pvt Ltd., Parex Davco LLC (ParexGroup), Mapei Corporation (Mapei Spa), Sika AG (Sika Group), Fosroc International Limited, Saint-Gobain Weber SRL(Saint Gobain Group), AIA Engineering Ltd.(AIA Engineering Limited), BASF SE (BASF Group).
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Mortar Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Mortar Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Mortar Market - Industry Life Cycle |
3.4 Saudi Arabia Mortar Market - Porter's Five Forces |
3.5 Saudi Arabia Mortar Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Mortar Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Saudi Arabia Mortar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities and infrastructure development in Saudi Arabia |
4.2.2 Growing urbanization and population growth leading to higher demand for housing |
4.2.3 Government initiatives and investments in the construction sector to diversify the economy |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Regulatory challenges and compliance requirements in the construction industry |
4.3.3 Intense competition among mortar manufacturers in the market |
5 Saudi Arabia Mortar Market Trends |
6 Saudi Arabia Mortar Market, By Types |
6.1 Saudi Arabia Mortar Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Mortar Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Mortar Market Revenues & Volume, By Wet Mixed Mortar, 2021-2031F |
6.1.4 Saudi Arabia Mortar Market Revenues & Volume, By Dry Mortar, 2021-2031F |
6.2 Saudi Arabia Mortar Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Mortar Market Revenues & Volume, By Construction Industry, 2021-2031F |
6.2.3 Saudi Arabia Mortar Market Revenues & Volume, By Home Decoration Industry, 2021-2031F |
6.2.4 Saudi Arabia Mortar Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Mortar Market Import-Export Trade Statistics |
7.1 Saudi Arabia Mortar Market Export to Major Countries |
7.2 Saudi Arabia Mortar Market Imports from Major Countries |
8 Saudi Arabia Mortar Market Key Performance Indicators |
8.1 Average selling price (ASP) of mortar products |
8.2 Construction permits issued in Saudi Arabia |
8.3 GDP growth rate in the construction sector |
8.4 Adoption rate of innovative mortar products and technologies |
8.5 Rate of urbanization in Saudi Arabia |
9 Saudi Arabia Mortar Market - Opportunity Assessment |
9.1 Saudi Arabia Mortar Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Mortar Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Saudi Arabia Mortar Market - Competitive Landscape |
10.1 Saudi Arabia Mortar Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Mortar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |